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Investment Highlights

  • 9,307 square feet of total building area with adaptive reuse potential.
  • Convenient access to I-95 via the Ashland exit for regional connectivity.
  • Available for sale or lease with flexible options for occupancy.
  • B-2 rezoning in progress to allow for expanded commercial uses.
  • Owner willing to renovate to meet buyer or tenant specifications.

Executive Summary

This property at 635 N Washington Highway in Ashland, Virginia, offers a versatile opportunity for investors seeking a well-located asset with adaptive reuse potential. The building encompasses 9,307 square feet and is currently undergoing B-2 rezoning, which will allow for a range of commercial uses. Its proximity to the I-95 Ashland exit ensures excellent regional connectivity, making it attractive for businesses serving both local and commuter markets.
The property’s flexible layout supports retail or office configurations, and the owner is willing to renovate, providing additional value for future occupants or buyers. Located in a growing corridor with strong traffic patterns and access to major transportation routes, this asset presents a compelling option for those seeking long-term upside in a dynamic market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,307 SF
Building Class
B
Year Built
1974
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,307 SF
Building FAR
0.04
Lot Size
5.74 AC
Zoning
R3

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 9,307 SF
  • Office
  • -
  • Now

Positioned along North Washington Highway, this 9,307-square-foot property offers adaptable space suitable for retail or office users. The site benefits from its close proximity to the I-95 Ashland exit, providing convenient access for employees, customers, and clients. With B-2 rezoning in progress, the property is poised to accommodate a variety of commercial uses. The owner is prepared to renovate to meet tenant requirements, creating a tailored environment for business operations. This location combines visibility, accessibility, and flexibility, making it an excellent choice for companies seeking a presence in the Ashland market with easy regional connectivity.

Space Size Space Use Condition Available
1st Floor 9,307 SF Office - Now

1st Floor

Size
9,307 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 9,307 SF
Space Use Office
Condition -
Available Now

Positioned along North Washington Highway, this 9,307-square-foot property offers adaptable space suitable for retail or office users. The site benefits from its close proximity to the I-95 Ashland exit, providing convenient access for employees, customers, and clients. With B-2 rezoning in progress, the property is poised to accommodate a variety of commercial uses. The owner is prepared to renovate to meet tenant requirements, creating a tailored environment for business operations. This location combines visibility, accessibility, and flexibility, making it an excellent choice for companies seeking a presence in the Ashland market with easy regional connectivity.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
7880-17-7347
Land Assessment
$1,105,570 CAD
Improvements Assessment
$1,544,886 CAD
Total Assessment
$2,650,455 CAD
  • Listing ID: 39818050

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 635 N Washington Hwy, Ashland, VA 23005

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